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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Proposed Massachusetts Wind Farm Causes Stir

LCG, July 24, 2002-A proposed wind farm on 25 square miles of Nantucket Sound near Cape Cod has not been received well by residents despite its supposed environmentally friendly nature.

Cape Wind Associates would like to build a large wind farm off the coast of Massachusetts and is asking for approval to build. The $700 million project would consist of 170 turbines in the Nantucket Sound, some of which would be four miles from Cape Cod.

The company claims that the sound is the best place for a wind farm in the Northeast and that the proposed project could generate power for over half a million homes, or over 500 MW.

Some opponents contend that the open ocean is public domain, and those attempting to build on it should pay fees for usage as oil and mining companies do.

Residents and others worry about the unpleasant appearance of turbines, visible from Cape Cod, especially including construction and maintenance barges and platforms. Impact on tourism, wildlife, commercial fishing and general navigation of the sound are other concerns that have been raised. 10 environmental groups have joined forces to call for an environmental study of the project.

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